Most alts are worth Zero

[2alt]

Yes, "most".

Some are definitely worth something. Most are scams or tokens with massive supply and a project that isn't being released until 2065.

ETH has a nice blockchain to ride on with fast block times, smart contracts, etc.

ZEC has a small supply and hidden transactions.

LUN is hosting the next wikipedia in the blockchain.

STEEM hosts images in the blockchain.

etc etc

But most do have a worthless whitepaper and only grew in value due to BTC rise, as BTC is the core of all coins.

agree man
one more thing, altcoins price go up because of only reason, the whale trick

Oh yeah. I mean anyone that trades knows about signals and pumps. Fear of missing out. Panic sells. Check out CND. AI bot. Check if you can beat him sometime on binance. It always gets me...lol

[Vit83]

Lots of new ico are scam from the begging, and another part dont understand with such amount of money they have taken:) most of them are priceless because they are open source and everybody can take their work and use it for free. How can that cost billions of dollars?

[ktulhu]

So it was understandable for a long time, most of the coins being created, it does not cost anything, how many of them now exist? Thousands! And people talk about a few dozen.

[breadginger56]

This is true for many of the coins.  There is no need to have multiple coins that accomplish the same thing.  Only time will show the real winners.

Exactly, having multiple coins to accomplish one thing as you've said is like copying a single concept multiple times so it will be the battle of the fittest among the coins.

[Kaniel-ouots]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

thats true most coins are worth shit or zero but there is coins who worth a lot like ethreum i think ethreum is the future one day it will be top 1 coin

[2alt]

Well exchanges are getting more strict. Bittrex is removing 90+ coins next week.

[colacat1111]

Well exchanges are getting more strict. Bittrex is removing 90+ coins next week.

Yes, 92 coins will removed next week and I even never heard one of them. It seems these coins will be much less than expected. And, I do mot even hold any one of them.

[styca]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

A lot of them are worth zero, but there are also a lot of very good alt projects with active development and real-world use cases. I don't think we can group them all together and say alt = worthless.
The market drop is not because alts are worthless - it is bitcoin price moves that are pulling alts with it.

[Desscount]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

yes, it seems I have to agree.
but not everything you say is true. in crypto development, there is always a better one among the many altcoins present. including the new token. every innovation and idea that is lifted by development will impact on some things, first, it can be useful to human life, or just a discourse and a quick money making event. all that must be balanced with the research.

[Kurva]

https://neonewstoday.com/general/deepbrain-chain-announce-repurchase-of-dbc-tokens/

[Zanetti83]

Well, while most of them (we knew there were really massive amount of new alts have been announced) might worth near zero, there are still some good alts with beneficial tech backing them up and have potential to grow, so don't lose hope and believe in the tech.

[globalking]

yes it is correct most altcoins are worth zero there are of no use daily new altcoins are coming into the market that's the reason many people are confused

[SalmanMJ9]

Obviously in a market with +1500 alts you'll find many of them worth zero. On the other hand, the crypto ecosystem still young and in the process of developing and this is totally healthy on the long run, so that people realize where to invest their money in.

[denny27]

I just thought, this looks like a very painful attack on cryptos. From the beginning of the year to the present, they are so weakened and looks like the lack of supports or interest from many people. But anyway I'm personally still very confident., that it will still coming back on the greener, and all the negative side which happens would be turned into a more positive side.

[Bagani]

Yeah, airdrops token is one evidence of worth 0 token. Not like in the past years my friend told me he got 800$ by joining airdrops. But now i joined airdrops is coming to dead.

[reztava]

for the time being this is indeed happening because there are currently many factors that make all altcoin fall but for years prevention I am sure everything will recover again.

[sjbi]

This is not the entire case. Some frauds and cheaters are tarnishing the crypto market. Many altcoins have potentiality to make change in the money transaction system and end the monopoly of banks. But what concerns now is that they are not working what they are established for. Cryptocurrency projects must work to achieve what they are there for.

[tak rogi]

probably, this is because the current movement of the bitcoin is unstable and has an effect on altcoin. is there anyone who knows when everything is back to normal.

[dark08]

I just thought, this looks like a very painful attack on cryptos. From the beginning of the year to the present, they are so weakened and looks like the lack of supports or interest from many people. But anyway I'm personally still very confident., that it will still coming back on the greener, and all the negative side which happens would be turned into a more positive side.

It will be back soon this is not a permanent this problem will fix soon it still more people continue to enter in crypto world by the way most altcoin are now in red and some of them have a zero value because of zero product and no intension to improve the project if you investing in altcoin choose a project that have a product not a promissing one.

[Piskeante]

i would say 99% of the coins are worth nothing, and they got some value because you could mine them very cheap and exchange it to BTC. It was a way to mine BTC with normal hardware.